Investment management services

Active Definitive Contract Awarded Last action

Contract number
PBGC01CT170027
Awardee
Awarding agency
Obligated
$29,693,784

Award facts

Opportunity
Contract value 86% obligated
  • $30,138,841.60 Current, with exercised options
  • $34,554,075.21 Potential, with all options
Completion date 96% complete
Current and potential, with all options
NAICS code
523920 Portfolio Management
Set-aside
No set-aside
Competition
Full and Open Competition · 22 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20005, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00028 · The purpose of this modification is to implement executive order 14398, "addressing DEI discrimination by federal contractors." $0
Other Administrative Action P00027 $0
Other Administrative Action P00026 · The purpose of this modification is to implement executive order 14173, "ending illegal discrimination and restoring merit-based opportunity." $0
Exercise an Option P00025 · The purpose of this modification is to exercise option period 9 (march 31, 2026 - march 30, 2027) and obligate funding in the amount of $3,500,000. $3,500,000
Funding Only Action P00024 · The purpose of this modification is to DE-obligate expired FY23 and FY24 funds. -$1,381,925
Funding Only Action P00023 · Additional funding for management fees $200,000
Exercise an Option P00022 · Exercise option period 8 $2,700,000
Supplemental Agreement for work within scope P00021 · Deobligation of FY22 funds from option period 5 -$978,850
Exercise an Option P00020 · The purpose of this modification is to exercise OP7, add funding,, incorporate new clauses to the contract. $3,000,000
Supplemental Agreement for work within scope P00019 · Asset management services -$1,130,796
Exercise an Option P00018 $3,000,000
Other Administrative Action P00017 -$17,219
Exercise an Option P00016 · Asset management $3,120,500
Funding Only Action P00015 · Investment management. -$102,435
Exercise an Option P00014 $4,226,000
Funding Only Action P00013 $60,000
Exercise an Option P00011 · Eafe $3,728,000
Funding Only Action P00010 -$325,403
Funding Only Action P00009 $1,630,000
Funding Only Action P00008 · Investment management -$74,087
Funding Only Action P00007 $760,000
Exercise an Option P00006 · Investment management services for CID $900,000
Funding Only Action P00005 -$1,802,000
Funding Only Action P00004 $500,000
Funding Only Action P00003 $1,790,000
Exercise an Option P00002 $3,501,000
Funding Only Action P00001 $90,000
Original award $2,801,000
Show all 28

About this award

The Pension Benefit Guaranty Corporation awarded a definitive contract to Neuberger Berman Investment Advisers LLC for investment management services on March 31, 2017, with a ceiling value of $34.554 million and a firm fixed price structure.

Place of performance is Washington, DC. The contract's ultimate completion date is March 30, 2027. A modification implemented Executive Order 14398, addressing diversity, equity, and inclusion discrimination by federal contractors.

Quick answers

Who was awarded contract PBGC01CT170027?

PBGC01CT170027 was awarded to Neuberger Berman Investment Advisers LLC by Pension Benefit Guaranty Corporation on March 31, 2017.

How much is contract PBGC01CT170027 worth?

The government has obligated $29,693,784 on PBGC01CT170027. Its current value, with exercised options, is $30,138,842. Its potential value, with all options, is $34,554,075.

Was contract PBGC01CT170027 competed?

The extent of competition for PBGC01CT170027 was full and open competition. The government received 22 offers.

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